Power Law
The power law defines a relationship between two quantities where a relative change in one quantity gives rise to a proportional relative change in the other quantity . The most common example for this relationship is the area of a square in regard to the length of a side. If the length is doubled then the area is multiplied by a factor of four. A similar example where if the length of a side of a cube is doubled then the volume the cube is multiplied by a factor of eight.
In general, and are in a power law relationship if is linear to .
Power laws are very frequent in our life some common examples are:
- If a person is popular on social network, he/she will get more popular in the future.
- If a person is rich, he/she will get more rich in the future.
A power law can be turned into a linear relationship if the quantities are plotted on logarithmic axes.